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In: Economics

As a result of the Covid-19 crisis, there have been periodic shortages of medical supplies, personal...

As a result of the Covid-19 crisis, there have been periodic shortages of medical supplies, personal protective equipment, manufactured goods and food. Specifically identify one of these shortages and discuss a pricing strategy that you believe would help alleviate the shortage in an equitable and efficient manner. Why would your suggested method of pricing work better than what is currently in use?

Must be 3 paragraphs.

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Expert Solution

Rahul Sunny answered 2 years ago
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